A group of Russian-speaking hackers over the past year-and-a-half has stolen nearly $10 million from banks, mostly in the United States, Britain and Russia, the Moscow-based, according to cybersecurity firm Group-IB.
Cybercriminals continue to rely on individuals who undertake the risky operation of moving illicit proceeds from one location to another. But these "money mules" face a multitude of risks, including imprisonment, police warn.
Bitcoin: Is it the future of cash, a legitimate speculative instrument or a Ponzi scheme in easy-to-consume digital form? Despite the outstanding questions, investors and cybercriminals alike continue to amass cryptocurrencies. Both groups face perils.
Artificial intelligence can help improve network health by building a "pattern of life" for every device, user and network, says Justin Fier of Darktrace, who explains how to improve network visibility.
The hacker to whom Uber paid $100,000 to destroy data and keep quiet about its big, bad breach is a 20-year-old man living in Florida, Reuters reports. But numerous questions remain about the 2016 breach, including whether the payment was a bug bounty, extortion payoff or hush money.
Christiana Care Health System, which operates a network of hospitals, is working on several risk management priorities for 2018, including adopting the HITRUST framework, implementing appropriate controls for protecting against emerging threats and phasing in new security technologies, says Anahi Santiago, CISO.
A 10-member government-appointed committee in India has drafted a white paper that includes recommendations for components of a new data protection law. The government is seeking feedback on the report through Dec. 31.
In an era where users are working simultaneously across mobile, social and cloud applications and platforms, organizations need to deploy identity and access management solutions that can scale and adapt quickly. IBM's Sean Brown describes the rise of Identity as a Service.
The U.S. Senate confirmed Kirstjen Nielsen as secretary of homeland security on a 62 to 37 vote. She will lead a quarter-million employee organization that's charged to help secure the information technology of civilian federal agencies and the nation's critical infrastructure.
An international police operation has resulted in the disruption of the long-running Andromeda botnet and associated Gamarue crimeware toolkit. Andromeda has been used to distribute 80 types of malware, including backdoors, banking Trojans and ransomware, security experts say.
The U.K.'s privacy watchdog has launched a probe after some Members of Parliament admitted they share email passwords or leave workstations unlocked. The MPs were attempting to defend a colleague who's been accused of downloading and viewing pornography on his work PC.
Email, which is too easily spoofed, phished or taken over, remains a leading cybersecurity risk. But finally, after years of pushing, the Domain-based Message Authentication, Reporting and Conformance standard, or DMARC is helping to bolster email security, says Phil Reitinger, CEO of the Global Cyber Alliance.